Lufthansa planning European LCC, counting strike costs

Lufthansa (LH) will present plans for a new European low-cost airline, dubbed internally as “Direct4you,” to its supervisory board Wednesday.

Lufthansa 747-8I. By Kurt Hofmann
Lufthansa (LH) will present plans for a new European low-cost airline, dubbed internally as “Direct4you,” to its supervisory board Wednesday. LH said it must change its European operations because the carrier is losing three-digit-million euros annually within its European network.
A LH spokesperson told ATW in Frankfurt that no strategic decisions will be made at this meeting and no comments will be given before the ...